Vietnam’s digital marketplace is paying off, with VND8.73 trillion (about US$328 million) collected from foreign suppliers through the official portal as of September 30, according to the E-Commerce Taxation Sub-Department under the Department of Taxation (GDT).

The US Department of Commerce (DoC) has announced the extension of the deadline for issuing its final conclusion on an anti-dumping tax evasion investigation into stainless steel wires imported from Vietnam, according to the Vietnamese Ministry of Industry and Trade.

Vietnamese e-commerce is growing, creating many opportunities to generate jobs, develop the private sector economy and increase revenue for the State budget. However, preventing tax losses in this business requires improving mechanisms and policies.

E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms.

E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms.

More and more Vietnamese individuals with businesses online have declared tax and paid personal income tax.